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MIRA INFORM REPORT
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Report No. : |
496467 |
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Report Date : |
12.03.2018 |
IDENTIFICATION DETAILS
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Name : |
OOO PTO VOLNA |
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Registered Office : |
Solnechnaya Street 6, Office 11, Zhukovskiy District, 140180 Moscow
Region |
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Country : |
Russia |
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Financials (as on) : |
31.12.2016 |
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Date of Incorporation : |
05.11.2013 |
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Com. Reg. No.: |
OGRN 5137746036137 |
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Legal Form : |
Limited Liability Company |
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Line of Business : |
Manufacturers
and Suppliers of Wires, Dimensional Welding Rods, Ferroalloys as well as
Coils. |
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No. of Employees : |
35 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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Russia |
A2 |
A2 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
RUSSIA - ECONOMIC OVERVIEW
Russia has undergone significant changes since the collapse of the Soviet
Union, moving from a centrally planned economy towards a more market-based
system. Both economic growth and reform have stalled in recent years, however,
and Russia remains a predominantly statist economy with a high concentration of
wealth in officials' hands. Economic reforms in the 1990s privatized most
industry, with notable exceptions in the energy, transportation, banking, and
defense-related sectors. The protection of property rights is still weak, and
the state continues to interfere in the free operation of the private sector.
Russia is one of the world's leading producers of oil and natural gas,
and is also a top exporter of metals such as steel and primary aluminum. Russia
is heavily dependent on the movement of world commodity prices as reliance on
commodity exports makes it vulnerable to boom and bust cycles that follow the
volatile swings in global prices. The economy, which had averaged 7% growth
during the 1998-2008 period as oil prices rose rapidly, has seen diminishing
growth rates since then due to the exhaustion of Russia’s commodity-based
growth model.
A combination of falling oil prices, international sanctions, and
structural limitations pushed Russia into a deep recession in 2015, with GDP
falling by close by 2.8%. The downturn continued through 2016, with GDP
contracting another 0.2%, but was reversed in 2017 as world demand picked up.
Government support for import substitution has increased recently in an effort
to diversify the economy away from extractive industries.
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Source
: CIA |
BRIEF
SUMMARY
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COMPANY NAME |
OOO PTO VOLNA |
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ADDRESS |
Building |
Street |
Area |
PO Box |
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N/A |
Solnechnaya Street 6, Office 11 |
Zhukovskiy District |
140180 Moscow Region |
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TEL/FAX |
Verified Phones: (+7 495) 230 0222
/ (+7 495) 230 0233 / Mobile (+7 915) 395 9658 (Managing Director) / Fax: (+7
495) 230 0222 |
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EMAIL/WEBSITE |
Email: mail@pto-volna.com / 4307302@gmail.com / info@pto-volna.com /
Website: www.pto-volna.com |
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ACTIVITY |
NACE 4672 - Wholesale of metals and metal ores; NACE 2434 - Cold
drawing of wire; NACE 2593 - Manufacture of wire products, chain and springs;
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PRINCIPAL |
Dmitriy
Anatolievich Gorbunov |
Workforce |
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Managing Director |
35 |
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LEGAL INFO |
Date Of Est. |
Reg. No. |
Legal Form |
Status |
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05/11/2013 |
OGRN
5137746036137 |
LLC |
Active |
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CAPITAL |
CURRENCY |
AMOUNT |
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RUBLE (RUB) |
505,000 |
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OPINION ON MAX CREDIT |
CURRENCY |
AMOUNT |
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RUBLE (RUB) |
19,000,000 |
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IDENTIFICATION
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CO. NAME |
OOO PTO VOLNA |
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ENQUIRED NAME |
PTO VOLNA LTD |
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TRADEMARK |
PTO VOLNA |
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ALSO KNOWN NAME (S)
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OOO
PROIZVODSTVENNO-TORGOVOYE OBIEDINENIE “VOLNA” / PTO VOLNA LTD |
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STREET |
Solnechnaya
Street 6, Office 11 |
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AREA |
Zhukovskiy
District |
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POSTAL ADDRESS |
140180 Moscow
Region |
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CITY |
Zhukovskiy
District, Moscow Region |
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COUNTRY |
Russia |
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TELEPHONE |
(+7 495) 230 0222 / (+7 495) 230 0233 / Mobile (+7
915) 395 9658 (Managing Director) / Fax: |
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FAX |
(+7 495) 230 0222 |
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VERIFIED EMAIL |
mail@pto-volna.com
/ 4307302@gmail.com / info@pto-volna.com |
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WEBSITE |
www.pto-volna.com |
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BUSINESS HOURS |
DAYS |
OFFICE HOURS |
BREAK TIME |
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Mon-Fri |
09:00-18:00 |
13:00-14:00 |
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REGISTERED
ADDRESS |
Solnechnaya
Street 6, Office 11, Zhukovskiy District, 140180 Moscow Region |
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ADDITIONAL
ADDRESS |
1. Malaya Pirogovskaya Street 16 Moscow 119435 Russia 2. Zolotorozhskiy val 34, C1 Moscow 111033 Russia |
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SENIOR
PERSONNEL
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MANAGEMENT |
NAME |
POSITION |
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Dmitriy Anatolievich
Gorbunov Nationality: Russian Tax Code: INN 501303522139 |
Managing
Director |
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Ekaterina
Sherbina |
Procurement
Manager |
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WORKFORCE |
NO. OF EMPLOYEES
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PERIOD |
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35 |
01.2018 |
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FINANCIAL
SUMMARY
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REVENUE |
31/12/2017 (unaudited) |
31/12/2016 |
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RUBLE 950,000,000 |
RUBLE
578,811,000 |
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NET PROFIT /
(LOSS) |
31/12/2017 (unaudited) |
31/12/2016 |
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RUBLE 70,000,000 |
RUBLE 23,310,000 |
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PROFIT BEFORE
TAX |
RUBLE 30,079,000 as of 31/12/2016 |
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STOCK/INVENTORIES |
RUBLE 122,254,000 as of 31/12/2016 |
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LEGAL
STATUS
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INCORPORATION |
05.11.2013 |
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REGISTRATION
NO. |
C.R. NUMBER |
ISSUED BY |
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OGRN
5137746036137 |
Federal Tax
Service |
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OTHER
REGISTRATION NO. |
INN 7704849315 (Tax
Code) / KPP 504001001 / OKPO 18940502 (Statistics Code) / OKTMO 46725000001 |
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AUTHORISED
CAPITAL |
AMOUNT |
CURRENCY |
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505,000 |
RUBLE |
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PAID-UP
CAPITAL |
AMOUNT |
CURRENCY |
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505,000 |
RUBLE |
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LEGAL FORM |
Limited Liability Company |
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BUSINESS
HISTORY |
The Company was incorporated in Russia on 5 November 2013 and commenced
production in 2014. |
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STATUS |
Active |
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SHAREHOLDERS |
NAME |
PERCENTAGE |
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Anna Yurievna Ryzhenkova Nationality: Russian Tax Code: INN 732503275204 |
100.00% |
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OPERATION
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BANKERS |
1. PAO Promsvyazbank Smirnovskaya Street 10 Moscow 109052 Telephone: (+7 495) 787 3333 SWIFT: PRMSRUMM 2. PAO Sberbank Vavilova Street 19 117997 Moscow Russia Telephone: (+7 495) 957 5731 Fax
: (+7 495) 747 4758 3. AO Alfa-Bank Kalanchevskaya Street 27 Moscow 107078 Russia Telephone: (+7 495) 620 9191 SWIFT: ALFARUMM |
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ACTIVITY CODE
(NACE) |
NACE 4672 -
Wholesale of metals and metal ores; NACE 2434 - Cold drawing of wire; NACE
2593 - Manufacture of wire products, chain and springs; |
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LINE OF
BUSINESS |
Manufacturers and
suppliers of wires, dimensional welding rods, ferroalloys as well as coils. Subject’s partners/distributors include: 1. OOO Kompaniya Velda Promzona BZSK Ekaterinburg Russia Tel: (+7 343) 378 8161 Email: velda@etel.ru 2. OOO PKF Dom Stali Monastyrka Street 21 Nizhniy Novgorod Russia Tel: (+7 831) 233 2063 Email: dir@domstali.ru |
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IMPORT FROM |
China and India. |
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EXPORT TO |
Subject does not engage in exporting activities |
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FACILITIES |
Premises comprising administrative offices, a manufacturing unit and storage
facilities located at the heading address as well as one warehouse facilities
located at Yuzhnaya Street, Scherbinka, one in Ekaterinburg as well as in
Nizhniy Novgorod. |
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RELATED
COMPANIES |
Associates 1. OOO Inter-Prom Nikoloyamskaya Street 62 Moscow 109004 Russia Est.: 18/03/2013 C.R. No.: OGRN
1137746230016 Tax Code: INN 7730683088 Managing Director: Mikhail
Ainetdinov Sole Shareholder: Anna
Yurievna Ryzhenkova Status: under liquidation
process 2. OOO FruitWest Paspletina Street 6, Block 2 Moscow 123060 Russia Est.: 05/11/2013 C.R. No.: OGRN 5137746033717 Tax Code: INN 7734711480 Managing Director: Dmitriy
Zabrodin Sole Shareholder: Anna
Yurievna Ryzhenkova Status: liquidated Date of liquidation:
04/03/2016 |
FINANCIAL
INFORMATION
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CURRENCY |
RUBLE |
|
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PERIOD |
31/12/2016 |
31/12/2015 |
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CURRENT
ASSETS |
414,270,000
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332,994,000 |
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STOCK/INVENTORIES |
122,254,000
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146,582,000 |
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NON-CURRENT
ASSETS |
5,064,000 |
7,551,000 |
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CURRENT
LIABILITIES |
383,494,000
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327,969,000 |
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NON-CURRENT
LIABILITIES |
7,000 |
53,000 |
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EQUITY |
35,833,000 |
12,523,000 |
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BALANCE TOTAL |
419,334,000
|
340,545,000 |
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REVENUE |
578,811,000
|
589,110,000 |
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NET PROFIT /
LOSS |
23,310,000 |
8,311,000 |
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NOTES |
Balance sheets as at 31 December 2016 showed :
31/12/2016 31/12/2015 (in RUBLE) ASSETS Non-current assets Intangible assets
58,000 95,000 Fixed assets
5,001,000 7,455,000 Deferred tax
assets 5,000 0 Total non-current assets
5,064,000 7,551,000 Current assets Stock
122,254,000 146,582,000 Value added tax on purchased valuables 481,000 16,218,000 Trade receivables
98,851,000 112,882,000 Financial investments
86,224,000 10,359,000 Cash equivalents
106,158,000 46,523,000 Other current assets 302,000 431,000 Total current assets
414,270,000 332,994,000 TOTAL ASSETS
419,334,000 340,545,000 EQUITY & LIABILITIES Share capital
505,000 505,000 Retained earnings
35,328,000 12,018,000 Total Equity
35,833,000 12,523,000 Long-term liabilities Borrowings 0 0 Deferred tax Liabilities 7,000 53,000 Total long-term Liabilities 7,000 53,000 Short-term Liabilities Borrowings 0 0 Accounts payable
383,494,000 327,969,000 Total Short-term Liabilities
383,494,000 327,969,000 TOTAL EQUITY & LIABILITIES
419,334,000 340,545,000 INCOME STATEMENT Revenue
578,811,000 589,110,000 Cost of Sales
(495,146,000) (508,486,000) Gross Profit
83,665,000 80,624,000 Commercial expenses
(55,307,000)
(37,255,000) Profit(loss) from sales
28,358,000 43,369,000 Other income and expenses Interest income
11,342,000 1,093,000 Other income
129,507,000 39,777,000 Other expenses
(139,128,000) (73,333,000) Profit(loss) before taxation
30,079,000 10,906,000 Change in deferred tax assets 5,000 0 Change in deferred tax liabilities 53,000 -53,000 Current income
tax (6,827,000) (2,542,000) Net Profit(loss)
23,310,000 8,311,000 |
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PAYMENT
RECORDS
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CREDIT
OPINION |
We consider it
is acceptable to deal with subject for MEDIUM amounts. |
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CREDIT LIMIT
RECOMMENDATION |
CURRENCY |
AMOUNT |
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RUBLE |
19,000,000 |
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FINANCIAL
STRENGTH |
Normal |
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EMPLOYEE
RANGE |
ER5 |
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SPECIAL
REMARKS
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INTERVIEWED |
Dmitriy Anatolievich
Gorbunov (Managing Director). |
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COMMENTS |
You enquired on:
PTO VOLNA LTD. Please note that this name applies to an English translation
of the subject’s name. Subject’s correct registered name is as per heading. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
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US Dollar |
1 |
INR 65.07 |
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|
1 |
INR 89.85 |
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Euro |
1 |
INR 80.16 |
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RUB |
1 |
INR 1.14 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.